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Mar 12, 2013 8:00am PDT
, there's more activity. the molecules are jiggling faster. they have more energy of motion. we got a name for energy of motion. what do we call it? - kinetic energy. - kinetic energy. there's more kinetic energy in the molecules in a hot cup of coffee than a-- you know that. that's what it means to say that something's hot, that it has more energy. we might say more thermal energy. more strictly speaking, we'll say more internal energy, more energy internal to the system. so there's much more internal energy in a hot cup of coffee than a cold cup of coffee. what's got more internal energy, a hot cup of coffee or an iceberg floating down at the antarctica? check your neighbor for an estimate. a humongous iceberg or a small hot cup of coffee: which has the more internal energy? all the energy combined-- what would it be, gang? yeah, the iceberg is frozen. how many say the hot cup of coffee still has more kinetic energy of all those molecules and those zillions and zillions-- come on, no, it's the other way around, gang. [laughter] it turns out there's more internal energy in the humongous i
Mar 13, 2013 8:00am PDT
electrons are bopping around and those electrons-- hit their neighbors-- and that energy cascades all down the middle. so it turns out that things with lose electrons are good heat conductors. later on, we're gonna learn things with good-- with lose electrons are good electrical conductors. and how many say, "oh, that's probably a coincidence"? it's not a coincidence. it's a good electrical conductor for the same reason. those lose electctrons can flow right through a piece of metal, gang. and when that--now, we're talking about electricity. we'll be talking about that soon, yeah? but for now, those metal-- those little electrons will bop, bop, bop, bop, bop, which are lose in metals and carry that energy right along. so some things conduct better than other things. piece of wood, very, very good insulator. this wood is a good insulator at any temperature. this wood is a good insulator even if it's very, very hot. yep. did you ever reach in to a hot oven and grabbed on to a frying fan that's about maybe 400 degrees fahrenheit? you're gonna cook some food or something, you got a frying pan
Mar 9, 2013 6:00pm PST
hetchy regional water system. with also generate clean renewable energy for city services like public buses, hospitals, schools, and much more. and finally, we collect and treat all the city's wastewater and stormwater making it safe enough to discharge into the san francisco bay and pacific ocean. >> in 2006 the puc was planning a record number of projects. >> the public utilities commission is a very infrastructure-rich organization. we're out there rebuilding the water system. we've budget working on power generation in the country. we've been doing sewer for the city. we're looking at a brand-new rebuild of all watt systems in san francisco and we haven't had a home that's been other than mental. >> they staff over 900 people. the puc is in two office locations. >> you know, this is such a great place for a building. if the puc owned that building and we could make that the icon i can sustainable building puc represents, wouldn't be a dramatic idea? >> so, one of the major decisions we made was we wanted to make a statement with this building. we wanted this building to be a lead
Mar 14, 2013 5:00pm EDT
. this is an amendment about energy, and as we all know, energy is a strategic resource for us. every member of our armed forces understands this and they understand it well. energy is essential to our national security mission. everybody knows you don't go out there and move in an aggressive way without good, solid energy supplies behind you. and having access to reliable energy supplies to protect our men and women in uniform is just absolutely essential, no matter where they may be in the world. it is critical to our nation that we have these good energy supplies. and each branch of the armed forces recognizes the importance of biofuels as a critical part of our energy needs. our military faces numerous logistical challenges with its dependence on fossil fuels. increasing diversification through investment and alternative fuels will help the military carry out its mission safely. and without the need to rely exclusively on foreign sources of you'll from countries who do not share our interests overseas. the amendment offered by senator toomey, the gentleman from pennsylvania, trades some short-term be
Mar 14, 2013 6:00am EDT
and efficient and effective government. the budget will help promote a path to energy security by increasing opportunities to expand production of america's abundant energy resources and this budget will stop the unfair use of funding from hard- working americans. as a job creator and a cpa, i have seen firsthand how domestic american energy production can be a valuable component in creating jobs and fixing our nation's balance. the u.s. has combined recoverable and natural gas, oil, and coal and that is the largest in the earth, larger than russia, saudi arabia, or china. today, the united states is known as the saudi arabia of natural gas. the chart on the screen, if we can bring it up, illustrates how we can bring revenues by hundreds of billions of dollars by not enacting punitive taxes and by expanding exploration for energy on federal lands and oceans. the loss potential is also $200 billion. you could say there is a trillion dollar gap between the two numbers. this administration wastefully invests in corporate welfare programs like solyndra. solynda has several brothers and sisters.
Mar 13, 2013 1:30am PDT
and we're also the first name that provided customer survey services to the energy program. they have quite a bit of energy information so with that i'll turn to dave >> thank you very much members of the public i'm with - >> could you get a my case. >> i'm dave i'm with fm 3 i'm going to walk through this. i'll be happy to answer any questions about they been app plantations we we conducted 3 thousand interviews with people across the city. they were conducted in english and spanish and chinese. we said to make sure we don't care a big population view. the methodology is going to be where we change the wording slightly. there were rate changes, and we added an up to date information data. and this included care patients. one question we repeat in this initial survey was designed to measure the public awareness. and we asked if people read anything about that and 20 percent last year told us they read it and essentially it has not changed this year. people say they have not yet familiar with the proposal. we had an initial question where we asked people to choose won two statements
Mar 12, 2013 6:00am PDT
. >>> japanese researchers have claimed the world's first in the field of alternative energy. they've successfully extracted natural gas from methane hydrate that lies in the sea bed. officials with the natural resources and energy say engineers extracted the gas from the frozen substance earlier tuesday. they've been drilling for methane hydrate hundreds of meters below japan's central coast. the survey into the fuel's viability is run by the semigovernmental japan oil gas and metals national corporation or jogmec. it is a frozen form of natural gas comprising methane and water. the researchers are testing whether they can sustain stable extraction of the gas from the solid. >>> right now 99% of the crude oil and natural gas used by people in japan comes from abroad. but that import burden is weighing down the economy. so the government and industry are working hard to find and tap domestic energy sources. nhk world's kaho izumitani has the story. >> reporter: researchers in japan have been hunt for methane hydrate since the 1990s. they estimate it could cover the country's natura
FOX Business
Mar 15, 2013 7:00pm EDT
own demise. we will have the latest on the president's $2 billion bright idea in green energy. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciatet. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need aally. ally bank. your money needs an ally. you e gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcardsom. comparhundreds of cards from all the major banks toind the one that's right for you. it's simple. search, compare, and apply first round's on me. ♪ lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment.
FOX Business
Mar 16, 2013 4:00am EDT
on the president's $2 billion bright idea in green energy lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment. consumer confidence slipping unexpectedly in march. the dow record-setting run in the at eight sessions. the market putting to rest a tense session when streak as well today. the dow down a modest 25 points, as an pylos twond a half, still within five points of its all-time high. there is always next week. the nasdaq down ten points. 5 billion shares traded on the big board. the heaviest trading day of the year so far for the week. the major market indexes are all higher. the dow leadg the way. in the bond market, rates slipping. the ten year treasury ending the week up to even. gold and crude finishing the we got hired. crude oil up to 77 of the past two weeks, now 9345 per barrel. in the former j.p. morgan chase executives in charge of the unit responsible for the london will operation and $6 billion in losses r
FOX Business
Mar 16, 2013 10:00am EDT
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FOX Business
Mar 15, 2013 10:00pm EDT
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Mar 10, 2013 7:00am PDT
rather than demand. in this case environmentalists have chosen one supplier of energy, alberta's tar sands, and are trying to shut it down. as long as there is demand for oil, there will be a supply. the far more effective solution would be to try to moderate demand. ideally we would use the proceeds from these taxes to fund research on alternative energy, which we badly need to do. opponents of keystone say the facts are less important in this case. it is the symbolism that matters. we have to stop this big project. symbolism does matter. if we were to block this project, one that is no worse than many other sources of energy, one that rebufs our closest trading partner and ally, that spun easily accessible energy in favor of australian or saudi crude oil, it would be a symbol, a terrible symbol. it would be a symbol that emotion had taken the place of analysis and that ideology now trumps science on both sides of the environmental debate. for more on this, go to for a link to my "time" column this week. let's get started. >>> well, you've heard my views on the keysto
FOX Business
Mar 14, 2013 5:00pm EDT
documentary aims to knock out the nuclear energy industry but is it a lot of hot water? dennis kucinich and his wife elizabeth are behind it. they're here to explain. it is fascinating. you don't want to miss it. visit the doctor, get free groceries. did you hear about this? did the government okay kick backs to lure medicare patients into the office? you've got to hear this one. more "money" coming up. ♪ . all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prosp
FOX Business
Mar 16, 2013 3:00am EDT
with a renewable energy lab and illinois. what is a renewable energy lap? pushing for more spending. china is pushing to invest $50 million on natural-gas. could be starting. we have massive amounts of natural gas, as you know, but the white house is kind of fickle on fracking all of that. in fact, some are saying even a fraction of that. this china think to my you in ambassador john bolton. good to have you back. what do you make of this? obviously china wants in. they are not dump. what do you think they're looking at? >> chinese energy policy is sort of mitt romney's energy policy. all of the above. they had a huge demand for energy. in energy poor country. oil, natural gas, nuclear, you name it and thereaftert. the fact that they're looking at liquefied natural gas for propulsion of vehicles and doing it in this country, it reflects the they're doing it there as well. what are we doing? we have a president hitting stars can be run without gene windmills'. i think the chinese are taking a very practical approach. more practical than our administration, and it worries me. neil: you know
Mar 15, 2013 11:00am PDT
where he will ask congress to authorize some $2 billion in renewable energy investment. there's a split screen that you probably haven't seen in some time there. all of this comes a day after the president wrapped up his week-long so-called charm offensive. he met with congressional, to for a more bipartisan approach. with republicans riling up the base with cpac as you just saw, the president on the road pushing his second term agenda. will this week's meetings end up making a difference at all? joining me now, politico managing editor. good to see both of you. let's start with you. so much of the talk this week was about the, perhaps change of tone in washington. but today at cpac, you had kelly focusing most of her speech on benghazi. mitch mcconnell calling for a repeal of obama care. now the president is back giving speeches as well. has anything really change? >> you mentioned the split screen and that is the perfect visual screen. they are past even other, each in their own portion of the screen. rae not needing anywhere in the middle to xin ever combine the two pictures. preside
Mar 12, 2013 12:00am PDT
. the problem is it's incredibly energy intensive. and if they mean to keep growing at these rates, they are chewing up coal and oil. >> rose: an polluting their environment. >> that has enormous environmental consequences which in the end could be quite deadly. but in the short term it pushes up the price of oil. and what has happened, the most pont thing, really, in resources is that the price of oil, which was 25 bucks a barrel in 2000, is approximately a hundred bucks today. it's four times. it's also half the cost structure of all the other resources. so when if goes up four times, if you are mining copper, you've got to spend four times the amount on your energy. plus the quality of your copper ore is declining, so maybe su have to spend 8 times as much. and so the price keeps going up. so if china continues to grow at these rates, yes it will stimulate global business and b it will keep pushing up the resource prices. and resource prices have been rising faster than global growth rate so they are squeezing the rest of the system. >> rose: why were you opposed to the keystone
Mar 12, 2013 6:00pm EDT
. find out if the domestic energy boom could power this stock higher when cramer talks to its executive chairman, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to "mad money" or give us a call at 1-800-743-cnbc. miss something? head to revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be tra
Mar 13, 2013 4:00am EDT
energy boom could power this stock higher when cramer talks to its executive chairman, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to "mad money" or give us a call at 1-800-743-cnbc. miss something? head to [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. you don't really have to give up living, because you don't have your legs. hoveround replaced the legs. and now every hoveround comes with this handy to
Mar 11, 2013 5:30am EDT
president's all of the above energy strategy. i also appreciate where the energies is found is not necessary where the demand is. it requires moving energy in many cases, particularly in the west, across public lands, so i look forward to balancing the interest of transmission with the other competing interest that the rareas agencies are dealing with in many cases fulfilling their commitment under the laws of this body that are passed from the fish and wildlife service to the b.o. it is complicated. i look forward to doing so. >> we'll need your help to develop the renewables onshore and off. it is going to take, you know, that infrastructure and again, your agencies going to have to be creative in helping us get it done. it which is unthing to say we want it. it is another thing to do it. >> i understand. you are committed? >> yes, sir. >> the last question i will shift to the water project. in our state, we have congressionally-authorized water project. it has been authorized for quite some time that would actually bring water to the missouri river to the red river valley
Mar 12, 2013 5:00pm EDT
he's brought a lot of energy and information to this issue, and we certainly appreciate his support. with that we yield back the balance of our time as well. the speaker pro tempore: the gentleman yields back the balance of his time. the question is will the house suspend the rules and pass the ill, h.r. 749. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 having responded in the affirmative, the rules are suspended, the bill is passed, and without objection the motion to reconsider is laid on the table. for what purpose does the gentleman from missouri seek recognition? mr. luetkemeyer: mr. speaker, i move that the house suspend the rules and pass h.r. 1035, a bill to require a study of voluntary community-based flood insurance options and how such options could be incorporated into the national flood insurance program and for other purposes. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 1035, a bill to require a study of voluntary community-based flood insurance options and how such options could be incorporated i
Mar 16, 2013 6:20pm EDT
thought there was a lot of enthusiasm and energy. i did have a concern. the republican party is embracing a philosophy of libertarianism with rand paul. i like what rand paul has to say. i think he's a nice guy and a good senator. it is concerning that we are becoming like libertarian groups, very antiwar, militant peacenik types. i don't feel like the conservative movement should be going in that direction. i certainly feel a little bit more negative about that, but overall, i think it is important that we had energy and enthusiasm despite a terrible year last time. more positives than negatives. democrats line, kyle in phoenix, arizona. caller: it was amazing to me. it's so clear to me that the republican party hasn't learned anything from the last election, and they are just the whole narrative further to the right. we're going to push away moderates. it's not a winning strategy for them. it's amazing that they keep getting lunatics up there like whatever her name was emma the was,y inflammatory one -- the really inflammatory one, and coulter. -- anne coulter. host: what did you think
Mar 12, 2013 1:00am PDT
't million dollars will be new renne knew line item for behind the meter energy production and the model of it sits right now assumes shared savings and cost and is so in all fairness to the consultant we asked them to put together-holistic revenue model not to do rate structures or rate differentiation and so right now, it's a blended model i'll not go overall of the details in the next two badges but that is the thick of it and you will see that the inches are pretty significant and most of the project in particular in the middle of the page are about 5400 energy efficient projects in the city over the next five years. some available of hetchy and if all of these major mage key assumptions come to pass and if the city is able to borrow the near million dollars that,that is the key assumptions that it would take in order for a claim to be able to say to meter or b or to have a rate parody with the p g and e and what is helpful about this exercise is it's helped us put flesh to an idea as far as what would have to align what things would have to come together in order for these rate par
Mar 10, 2013 8:30am PDT
by the department of energy and i support thuous us chief technology officer todd park who is not the cto, but assistant to the president. >> and i'm peter hirschberg, run publicly a dozen hack-a-thon, [speaker not understood], build apps and explore what's possible. >> i'm chris, the co-founder and ceo of 100-plus and we use data from many different sources to try to help people be more healthy in their daily life. >> hi. [speaker not understood]. we're a mapping and location-based analytics platform. and we are working with open data and trying to see how we can turn data into information, data into knowledge, and the kind of decision products. >> hi, i'm john, ceo of motion loft. we're trying to understand how people move around cities and provide that data to the public to build new tools for public safety. >> hi, i'm [speaker not understood] with code for america. we're a peace core for geeks. we're trying to bring talent from the private second for and government to innovate. we work with dozens of citieses across the country and next year we should be working with san francisco whi
Mar 15, 2013 12:00pm PDT
a plan to drive our energy prices down. >> i'm steve kornacki. are we in for a flew winning streak on main street? >> i'm krystal ball. we say lean forward. cheryl sandberg says lean in. another powerful woman is telling women to lean back. >> i'm se cupp. i am in d.c. for meetings. mysterious, i know. >>> right now the president is wrapping up a big announce many at one of the energy department's largest national laboratories for scientific research. at a time of austerity, he wants to dedicate $2 billion to research for developing advance technology cars. it would come from energies paid by offshore oil and gas drilling. he is calling at this time energy security trust. he first mentioned it in his state of the union address. without this infusion of cash, research labs like the national lab four where the president is today stand to lose federal grants under the sequester. lab directors warn it will devastate u.s. scientific research for decades. the president says, it is these cutting edge breakthrough technology that's will make america a competitive jobs magnet for decades to
FOX Business
Mar 10, 2013 3:30am EDT
out more. they make energy efficient appliances for the kitchen, like stoves. they just bought viking, which is a really hot acquisition. >> morgan, we all love those vikings stoves. >> i actually really like this. it's pricey now. i would buy on the pull back. >> that's it for "forbes on fox." keep it right here. th eric bolling ininess block "cashin' in". >>> more delays at airports across the country. >> average wait times to clear customs will increase by 50%. >> travelers should expect delays. >> then they let thousands of illegals go free and they dropped 50 million bucks of your tax dollars on uniforms fort tsa. so should the department of homeland security be renamed the department of homeland stupidity? how is this for a bright idea? market-based immigration. for 50 grand, you can make the american dream a reality. some say no way, not fair. others say it's the only fair way. and dictator down, hollywood mourns. citgo flies its flags at half mast. now that chavez is dead, will gas flow freely or will the pipes stay clogged? heads up, tree huggers. you're not going to like our
FOX News
Mar 16, 2013 2:00am PDT
, president obama talked about a new energy trust. more spending for things like solyndra. okay, that was one thing, that was their message point today. it was very strange. >> that's kind of dilutional, right. >> and think about the keystone pipeline as a gift. basically now everybody has blessed it except for president obama. we're waiting on his decision which he says to the house republicans will come this week, but i think it's a very interesting point about erskine bowles and other democrats behind the scenes, president obama's problem isn't necessarily the republicans. he's got a huge problem with the senate democrats. he can't bring them along on something that the government should be doing anyway, which is the changed cpi, which is really like a technical fix and inflation goes up and down and spending, it's not reform, it's something that the government should be doing anyway, and he this week, a wall street journal headline, president obama tries to woo democrats over to his side. so his problem is not with the republicans, he would probably be able to triangulate with them. the p
Mar 10, 2013 12:00pm PDT
because we've got the energy boom going on. >> yes and this is one sector that has lagged the market. as you can see in the chart, it's pulled back as the market is hitting highs. i think it's a great valuation right now. we're going continue to expand to drill onshore, deep offshore. these are companies that will benefit from that. >> robert you like oil as well. you like conoco phillips, lincoln national and chevron and morgan stanley as well? >> and we like oil simply for the fact that it's undervalued right now. it's one of the cheapest s&p sectors. when you look at a stock like conoco phillips, that's yielding about 4.5%. they're going to be expanding production over the next five years, they actually have the capability to increase that dividend. we think pretty substantially over the next five years. you know, the financials have done pretty well as of late. but if you look back to where they were at their highs when the s&p was back at their highs in 2007, they're still down about 50%. and they've got everything in their corner right now. interest rates are starting to rise w
FOX Business
Mar 11, 2013 6:00pm EDT
democrats energy rich states divvied up for reelection. so virginia, alaska, missouri. red state democrats. see how they vote. gerri: interesting. thank you for coming on. appreciate your time. coming in tomorrow, will be joined by one of the men leading the fight against the too big to jail banks. republican senator of iowa. you will want to see that. should be interesting to read more coming up. facing a government that is too big, federal employees are getting some parts of the rest of us don't. they don't have to pay taxes. more than 312,000 federal employees owe uncle sam around three and a half billion dollars from 2011. he was the biggest culprits? the u.s. postal service despite having 3,000 fewer employees, more than 22,000 of them of more than $250 million in taxes. others on the list, workers at that the viejo 0140 onion. the navy, 73 million. air force 57 million, other pentagon is zero another 50 million. even the government accountability office which is supposed to make sure workers pay their taxes, they owe nearly 1 million. why haven't they been fired? pentagon is another
Mar 13, 2013 6:00pm PDT
with renewable energy. >> reporter: all this success comes as u.s. solar installations jumped by 76% in 2012 and solar market insight reports the average cost of the solar installation dropped 70%. >> the big factor is awareness. people are becoming more aware that the solution is there. i talked to people and they don't know that putting solar on the roof is cheaper than buying electricity from the utility. >> reporter: the skies are not all sunny for green tech. electric auto maker says its company deals with slow sales and delays. but for the most part green tech is paying off both in jobs and stock returns. >> it is a reflection of people opting to technology at a larger scale. >> a scale the bay area hopes will grow as our weather heats up. >> the solar market insight report sets the number of solar related jobs doubled and shares of silver spring network jumped 30% on the first day of trading. >>> we have a look at the restaurant which was damaged by fire last week. general manager says it could be another week before they can assess the rebuilding process. now reservations are cancell
Mar 9, 2013 10:00am PST
this one with interest. the i shares u.s. oil equipment and services because we have an energy boom going on. >> we do. this is one sector that has lagged the market. as you see in the chart, it's pulled back as the market is hitting highs. great valuation. we're going to continue to expand to drill onshore, deep offshore. these are companies that will benef benefit. >> robert, you like oil as well, conocophillips, lincoln national, a financial company, and chevron and jpmorgan as well. >> yeah. you know, we think the same thing that matt was talking act right now, we like oil simply for the fact that it's undervalued right now. it's one of the cheapest s&p sectors. when you look at a stock like conocophillips, th's yielding about 4.5%. they're going to be expanding production over the next five years so they actually have the capability to increase that dividend we think pretty substantially over the next five years. you know, the financials have done pretty well as of late, but if you look back to where with they were at their highs when the s&p was back at their highs in 2007, they're
FOX News
Mar 9, 2013 1:30pm PST
. they prevent progress and prevent energy from being pumped. think the energy regulators are quite nefarious. we use this fossil fuel to better our lives. oil and natural gas and powers our modern world. >> jonathan, no. >> eric: hold on. >> he comes from a liberal part of the country, massachusetts, what do you say about this? >> wind, solar, permitting, there has not been a permitting for a refinery. how about a nuclear facility? we need to be energy independent. not approving the keystone pipeline adding more regulation to our energy producers, there is a risk obviously, overregulation is not the way to do it. >> eric: you make the point that we have enough supply, but wait, more supply means lower prices, does it not? >> it should. the amount of progress that we have made both scientifically and discoveries in shale and things like that, there have to be enough oil we will be independent from foreign resources. the fact of the matter all these regulations don't help, but sooner or later we have to come to some sort of an agreement it works out for everybody. as you pointed out earlier, there
FOX News
Mar 16, 2013 8:30am PDT
, imagine if we could unlock all of the energy we - have here. that is holding us back. >> is that why opec's number down. jay carny mentioned this. this green energy initiative is much more important than everyone watching the show having lower energy billings. or employment. >> this is for adam and his buddies let us eat cake moment. >> there is not an elitist bone in adam's body. >> who cares if the working class people are not working. >> you said you would never go to north dakota. >> we have in new york state, you know, we should be fraking here. >> and why don't you -- you owe him an apology. >> adam in all seriousness, is there a connect between our going with frake opec now screaming? >> there is no question. in the span of a few short years we have gone from being concerned and dependent on opec to being close to achieving energy independence in the united states. >> what has done that president's push for solar that hasn't panned out. >> no. >> or turning another eye on fraking and sort of letting that go and letting that do its thing? >> no argument. opening up. vast north ameri
FOX News
Mar 16, 2013 1:30pm PDT
the need for clean energy. we need it. i frankly think global warming is an issue but if we don't do it -- as long as 99% of all noble scientists think it's an issue. i'm not a scientist and neither are you and they agree with me, i will say this. china is kicking our butts when it comes to green energy production. they are producing -- if we don't do it they are going to do it. to create green energy technology. >> eric: do we care if china produces a solar power panel that produces electricity four times the cost of a fossil fuel megawatt? >> god love them. anything that is uneconomic the federal government tends to do. what business do they have to be in the automobile business for god's sake. why should the federal government be in any business. they can't run anything right. they can't but anything lose our money. it is costing you the taxpayer bundle of money to have the federal government get into anything. when you say to come back and substitute something when it comes economically feasible to do so, private industry will do that. if not, let somebody else do it, let the chi
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